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Friday, November 22, 2024

Q2 real estate sales report: Belleville

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Median prices rose in Belleville over last year, and are down 34.2 percent over 10 years, adjusted for inflation, according to second quarter sales data collected by BlockShopper.com.

From April to June, 206 homes sold in Belleville for a median price of $110,500. That's 8.6 percent higher than median home sale prices for the second quarter of 2017.

In the second quarter, there were no foreclosures in Belleville.

Median property tax for homeowners in Belleville was $2,781.53 in 2016 according to tax data from that year. That means homeowners pay 2.8 percent of their home's value in taxes.

Statewide, Illinois homeowners pay an effective property tax rate of 2.2 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it second among U.S. states and the District of Columbia.

Belleville real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
230
$167,895
-
2010
289
$108,300
-35.5%
2011
200
$90,400
-16.5%
2012
223
$95,920
6.1%
2013
206
$85,320
-11.1%
2014
258
$89,040
4.4%
2015
279
$100,700
13.1%
2016
323
$99,750
-0.9%
2017
340
$101,745
2%
2018
206
$110,500
8.6%

Median property tax
Median sale price
Effective property tax rate
2012
$2,508.91
$95,920
2.6%
2013
$2,327.98
$85,320
2.7%
2014
$2,412.30
$89,040
2.7%
2015
$2,821.07
$100,700
2.8%
2016
$2,781.53
$99,750
2.8%

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